I started about 16 months ago with 20K with IB (Qcharts as my feed). I then began paying a heavy price for daytrading experience. If that was not enough, the new SEC rules on PDT were implemented, which do nothing but handcuff the small traders. It actually forces the small trader to take bigger risks than they would otherwise. For example, 90% of my trades must be swing trades now, exposing me to overnight risks. In addition, this rule costs me money in missed opportunities, profits that turn into losses, and losses that turn into bigger losses all in order to avoid using a daytrade. Well, I found myself down to approximately 8K+ about 2 1/2 weeks ago after blowing a chunk on a call strategy (the market headed in the wrong direction). I remain undaunted because I believe I have what it takes to be successful. If I can be successful under 25K, then I know I will be successful over 25K. I am now setting at 14K+. My goal is to cross the 25K threshold by year end. I started this thread to gather insights and possible plays from/for other under 25K traders and to provide some of my own. My strategy involves trading dumpers 75% of the time. These are stocks that tank on negative news. My rationale for playing these stocks is to minimize downside risk and profit from the markets predisposition to overreact. The one I am playing now is COF and doing quite well. The key is to pick the right ones at the right time. My other plays involve about 25 - 30 stocks (some post dumpers) I follow closely that I will do swing trades when I feel they have bottomed. If I had the resources, I would load up on OLN and FNSR right now. However, COF provides the largest potential return at the moment. The following are some of the things I have learned for myself that I must follow: 1) The market will not get me down - I WILL WIN. 2) I must pick my plays carefully. If there are none that I feel I have an edge, I will not trade that day. 2) I expect to lose on every trade - small. I must always decide on an exit before I enter. 3) Know support and resistance levels of the market and the stocks in play including highs and lows intraday and previous days. I have become fairly adept at reading intraday S&P S/R levels. 4) If I am up more than $250, I will take a daytrade. 5) I will take a daytrade to avoid losing big. 6) If I find a play with extraordinary potential, I will press and go into margin, but I will take a daytrade and exit before the end of the day. I would like hear from others for the under 25K traders.